VanEck Steel ETF
ALTAR
Score™		 17.7% info Recommen-
dation		 SPECULATIVE
2025E    2026E
P/E
ratio		 11.8x P/Sales
ratio		 0.6x
P/BV
ratio		 0.8x Div.
yield		 3.7%


  • Description
  • Performance
  • Comps
  • premium Fundamentals
  • premium Valuation
  • premium Rating
VanEck Vectors Steel Index Fund seeks investment results that correspond to the price and yield of the Amex Steel Index.

FUND BASICS
Category Global Equities
Fund Sponsor Van Eck Associates Corp
Website www.vaneck.com
Inception date Oct 10, 2006
Assets (mns) $77
Currency USD
Expense ratio 56 bp
Distributions Annually

FUND STRUCTURE
Regulation Open-Ended Fund
Custodian Bank of New York Mellon
Weighting Market Cap
Index replication Optimized
Uses derivatives No
Options available Yes

SECTOR BREAKDOWN

 


CONSTITUENT BREAKDOWN
No. of constituents 27
Wgt avg mkt cap (mns) $21,169
Large cap (>$10bn) 50.5%
Mid cap ($2-10bn) 28.4%
Small cap (<$2bn) 11.9%
Developed mkts 81.2%
Emerging mkts 18.8%

TOP TEN HOLDINGS
RIO TINTO PLC-SPON ADR 11.0 %
VALE SA-SP ADR 8.6 %
ARCELORMITTAL SA ADR 6.5 %
NUCOR CORP 6.0 %
POSCO-ADR 5.6 %
UNITED STATES STEEL CORP 5.3 %
STEEL DYNAMICS INC 5.2 %
RELIANCE STEEL & ALUMINUM 4.9 %
TENARIS SA-ADR 4.9 %
TERNIUM SA-SPONSORED ADR 4.7 %
Total 62.8 %

TOP COUNTRY EXPOSURE
UNITED STATES 51.1 %
BRAZIL 16.0 %
LUXEMBOURG 15.8 %
BRITAIN 10.9 %
SOUTH KOREA 5.3 %
CANADA 0.8 %





HISTORICAL PERFORMANCE info

  Custom date range Compare to  
  thru


Standardized Annual Returns (thru February 28)
Year-to-date 1 year 5 years 10 years Since Incep.
6.5% -11.9% 20.2% 10.0% 5.1%

Market Correlations
versus... Beta R-squared
S&P500 1.44 58%
MSCI EAFE 1.56 70%
MSCI Emg. Mkts. 1.28 47%

Technical Indicators
Recent close $61.91
30d moving avg. $62.92
Annualized volatility 32.3%
Short interest (ETF) 0.9%
Short interest (Underlying) 4.9%
Relative strength (RSI) 47

Liquidity measures
Avg. volume (thou.) 15
Turnover 1.2%
Bid/Ask (% of price) 0.15%
ADV underlying (mns) $1,035

Distributions


FINDING ALTERNATIVE FUNDS

Below is a list of 468 potential alternatives to the VanEck Steel ETF ETF based on the alternatives' overlap in portfolio holdings with SLX. Consider funds with lower expense ratios and/or higher ALTAR Score™ ratings as possible alternatives.

Benchmark ticker: SLX Expense: 56 bp ALTAR Score™: 17.7%


ALTERNATIVE ETFs BASED ON OVERLAP WITH SLX
Ticker Fund
Name		 Overlap1
vs SLX
(%)		 Expense
ratio
(bp)		 Savings
vs SLX
(bp)		 ALTAR
Score™
(%)		 ALTAR
vs SLX
(%)
XME SPDR S&P Metals & Mining ETF 43.8 35 21 10.3 -7.4
FXZ First Trust Materials AlphaDEX Fund 18.7 61 -5 11.0 -6.8
PYZ Invesco Dorsey Wright Basic Materials Momentum ETF 17.6 60 -4 6.4 -11.3
EV Mast Global Battery Recycling & Production ETF 13.5 65 -9 11.6 -6.1
ZIG Acquirers Fund 11.4 84 -28 20.3 +2.6
IYM iShares U.S. Basic Materials ETF 11.2 40 16 6.7 -11.0
PSCM Invesco S&P SmallCap Materials ETF 11.2 29 27 13.9 -3.9
PICK iShares MSCI Global Metals & Mining Producers ETF 10.6 39 17 14.1 -3.6
ILF iShares Latin America 40 ETF 9.5 48 8 13.5 -4.3
PAVE Global X U.S. Infrastructure Development ETF 9.2 47 9 6.3 -11.5
HWAY Themes US Infrastructure ETF 8.5 29 27 4.3 -13.4
VAW Vanguard Materials ETF 8.0 10 46 6.4 -11.3
FMAT Fidelity MSCI Materials Index ETF 7.9 8 48 6.5 -11.3
RSPM Invesco S&P 500 Equal Weight Materials ETF 7.6 40 16 7.8 -9.9
IFRA iShares U.S. Infrastructure ETF 7.2 30 26 6.8 -10.9
NANR SPDR S&P North American Natural Resources ETF 6.9 35 21 8.4 -9.4
RDVY First Trust Rising Dividend Achievers ETF 6.8 50 6 7.8 -9.9
HAP VanEck Natural Resources ETF 6.8 50 6 10.0 -7.7
BRAZ Global X Brazil Active ETF 6.5 75 -19 13.1 -4.7
CCSO Carbon Collective Climate Solutions US Equity ETF 6.3 35 21 1.9 -15.9
RFV Invesco S&P Midcap 400 Pure Value ETF 6.2 35 21 14.1 -3.7
ECML Euclidean Fundamental Value ETF 6.2 95 -39 13.1 -4.6
LYLD Cambria Large Cap Shareholder Yield ETF 5.5 59 -3 9.8 -7.9
XLB Materials Select Sector SPDR Fund 5.0 8 48 6.2 -11.6
GNR SPDR S&P Global Natural Resources ETF 5.0 40 16 11.4 -6.3
OIH VanEck Oil Services ETF 4.9 35 21 4.2 -13.6
FTIF First Trust Bloomberg Inflation Sensitive Equity ETF 4.6 60 -4 8.8 -9.0
ICOP iShares Copper and Metals Mining ETF 4.3 47 9 10.0 -7.8
WTV WisdomTree US Value Fund of Benef Interest 4.2 12 44 9.5 -8.3
IPAV Global X Infrastructure Development ex-U.S. ETF 4.1 55 1 4.5 -13.3
SPGP Invesco S&P 500 GARP ETF 4.1 34 22 9.6 -8.1
SYLD Cambria Shareholder Yield ETF 3.8 59 -3 11.9 -5.9
MXI iShares Global Materials ETF 3.8 41 15 8.0 -9.7
SDVY First Trust SMID Cap Rising Dividend Achievers ETF 3.5 60 -4 8.5 -9.3
RBLD First Trust Alerian US NextGen Infrastructure ETF 3.3 65 -9 5.9 -11.8
EQRR ProShares Equities for Rising Rates ETF 3.2 35 21 8.0 -9.8
NDIV Amplify Natural Resources Dividend Income ETF 3.1 59 -3 10.2 -7.5
FTA First Trust Large Cap Value AlphaDEX Fund 3.0 59 -3 9.4 -8.3
RWK Invesco S&P MidCap 400 Revenue ETF 3.0 39 17 10.2 -7.6
RSHO Tema American Reshoring ETF 2.9 75 -19 5.5 -12.3
KONG Formidable Fortress ETF 2.9 89 -33 5.7 -12.1
HAPY Harbor Human Capital Factor Unconstrained ETF 2.7 50 6 3.4 -14.4
ECOW Pacer Emerging Markets Cash Cows 100 ETF 2.7 70 -14 15.8 -2.0
SIXS ETC 6 Meridian Small Cap Equity ETF 2.7 89 -33 9.4 -8.3
IJJ iShares S&P Mid-Cap 400 Value ETF 2.5 18 38 8.6 -9.1
DSMC Distillate Small/Mid Cash Flow ETF 2.5 55 1 13.5 -4.2
BSVO EA Bridgeway Omni Small-Cap Value ETF 2.5 47 9 9.8 -8.0
MDYV SPDR S&P 400 Mid Cap Value ETF 2.5 15 41 8.7 -9.1
GRPZ Invesco S&P SmallCap 600 GARP ETF 2.5 35 21 3.1 -14.6
PKB Invesco Building & Construction ETF 2.5 62 -6 5.3 -12.5
IVOV Vanguard S&P Mid-Cap 400 Value ETF 2.5 15 41 8.7 -9.1
TPHD Timothy Plan High Dividend Stock ETF 2.4 52 4 6.9 -10.8
TPHE Timothy Plan High Dividend Stock Enhanced ETF 2.4 54 2 6.9 -10.9
WCEO Hypatia Women CEO ETF 2.3 85 -29 -1.3 -19.1
DFSV Dimensional US Small Cap Value ETF 2.3 31 25 10.9 -6.8
RFG Invesco S&P Midcap 400 Pure Growth ETF 2.3 35 21 5.8 -12.0
CNRG SPDR S&P Kensho Clean Power ETF 2.3 45 11 -0.1 -17.8
MAGA Point Bridge America First ETF 2.3 72 -16 6.5 -11.2
FTDS First Trust Dividend Strength ETF 2.2 70 -14 7.8 -9.9
LSAF LeaderShares AlphaFactor US Core Equity ETF 2.2 75 -19 7.6 -10.1
EDOG ALPS Emerging Sector Dividend Dogs ETF 2.1 60 -4 11.0 -6.7
SURE AdvisorShares Insiders Advantage ETF 2.1 90 -34 10.0 -7.8
FAB First Trust Multi Cap Value AlphaDEX Fund 2.1 67 -11 10.1 -7.6
VRAI Virtus Real Asset Income ETF 2.0 55 1 7.5 -10.2
UPGD Invesco Bloomberg Analyst Rating Improvers ETF 2.0 40 16 6.2 -11.5
BRIF FIS Bright Portfolios Focused Equity ETF 2.0 65 -9 4.9 -12.9
QMOM Alpha Architect U.S. Quantitative Momentum ETF 1.9 39 17 3.8 -14.0
PXI Invesco Dorsey Wright Energy Momentum ETF 1.9 60 -4 8.5 -9.2
GCOW Pacer Global Cash Cows Dividend ETF 1.9 60 -4 10.9 -6.8
PSC Principal U.S. Small-Cap ETF 1.9 38 18 6.9 -10.8
DFAT Dimensional U.S. Targeted Value ETF 1.9 28 28 10.0 -7.7
ROSC Hartford Multifactor Small Cap ETF 1.8 34 22 9.0 -8.8
SMAP Amplify Small-Mid Cap Equity ETF 1.8 60 -4 1.3 -16.4
ARB AltShares Merger Arbitrage ETF 1.8 77 -21 4.0 -13.7
SZNE Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF 1.8 60 -4 5.3 -12.4
JPSE JPMorgan Diversified Return U.S. Small Cap Equity ETF 1.8 29 27 7.4 -10.3
GRPM Invesco S&P MidCap 400 GARP ETF 1.7 35 21 9.6 -8.2
JPME JPMorgan Diversified Return U.S. Mid Cap Equity ETF 1.7 24 32 7.6 -10.1
SCHM Schwab U.S. Mid-Cap ETF 1.7 4 52 6.7 -11.0
IJT iShares S&P Small-Cap 600 Growth ETF 1.6 18 38 5.1 -12.6
AVUV Avantis U.S. Small Cap Value ETF 1.6 25 31 10.8 -7.0
MDY SPDR S&P Midcap 400 ETF Trust 1.6 24 32 7.2 -10.5
IJH iShares Core S&P Mid-Cap ETF 1.6 5 51 7.4 -10.4
SPMD SPDR Portfolio S&P 400 Mid Cap ETF 1.6 3 53 7.4 -10.3
CALF Pacer US Small Cap Cash Cows 100 ETF 1.6 59 -3 12.0 -5.8
AFSM First Trust Active Factor Small Cap ETF 1.6 75 -19 7.0 -10.7
IVOO Vanguard S&P Mid-Cap 400 ETF 1.6 10 46 7.3 -10.4
SLYG SPDR S&P 600 Small Cap Growth ETF 1.6 15 41 5.1 -12.6
VIOG Vanguard S&P Small-Cap 600 Growth ETF 1.6 15 41 5.3 -12.4
NOBL ProShares S&P 500 Dividend Aristocrats ETF 1.6 35 21 5.7 -12.0
DINT Davis Select International ETF 1.5 55 1 8.3 -9.4
TMDV ProShares Russell US Dividend Growers ETF 1.5 35 21 4.6 -13.1
SQLV Royce Quant Small-Cap Quality Value ETF 1.5 60 -4 9.6 -8.1
QVMM Invesco S&P MidCap 400 QVM Multi-factor ETF 1.5 15 41 7.3 -10.4
FESM Fidelity Enhanced Small Cap ETF 1.5 28 28 3.8 -13.9
JMEE JPMorgan Market Expansion Enhanced Equity ETF 1.5 24 32 7.6 -10.1
FEX First Trust Large Cap Core AlphaDEX Fund 1.5 59 -3 6.5 -11.3
RZG Invesco S&P Smallcap 600 Pure Growth ETF 1.5 35 21 3.7 -14.0
DIVD Altrius Global Dividend ETF Altrius Global Divid ETF 1.5 49 7 8.7 -9.1
HAIL SPDR S&P Kensho Smart Mobility ETF 1.5 45 11 2.0 -15.7
EQAL Invesco Russell 1000 Equal Weight ETF 1.5 20 36 6.6 -11.2
XJH iShares ESG Screened S&P Mid-Cap ETF 1.4 12 44 7.0 -10.7
KRUZ Unusual Whales Subversive Republican Trading ETF 1.4 75 -19 6.0 -11.7
APIE ActivePassive International Equity ETF 1.4 45 11 7.7 -10.1
MDLV Morgan Dempsey Large Cap Value ETF 1.4 58 -2 7.0 -10.8
ESIX SPDR S&P SmallCap 600 ESG ETF 1.4 12 44 5.9 -11.9
VBR Vanguard Small Cap Value ETF 1.4 7 49 8.5 -9.2
NUMV Nuveen ESG Mid-Cap Value ETF 1.4 31 25 6.4 -11.4
PRAY FIS Christian Stock Fund 1.4 69 -13 5.5 -12.3
PDP Invesco Dorsey Wright Momentum ETF 1.4 62 -6 3.6 -14.2
BIBL Inspire 100 ETF 1.4 35 21 4.7 -13.1
BBMC JPMorgan BetaBuilders U.S. Mid Cap Equity ETF 1.4 7 49 6.2 -11.5
JPUS JPMorgan Diversified Return U.S. Equity ETF 1.4 18 38 7.2 -10.5
GURU Global X Guru Index ETF 1.3 75 -19 4.2 -13.6
SVAL iShares US Small Cap Value Factor ETF 1.3 20 36 11.0 -6.7
QQQJ Invesco NASDAQ Next Gen 100 ETF 1.3 15 41 5.7 -12.1
VFVA Vanguard U.S. Value Factor ETF 1.3 13 43 11.7 -6.1
NUSC Nuveen ESG Small-Cap ETF 1.3 31 25 5.3 -12.4
CCNR ALPS CoreCommodity Natural Resources ETF 1.3 39 17 11.0 -6.7
QVMS Invesco S&P SmallCap 600 QVM Multi-factor ETF 1.3 15 41 7.3 -10.4
IMCV iShares Morningstar Mid-Cap Value ETF 1.3 6 50 7.9 -9.9
FNK First Trust Mid Cap Value AlphaDEX Fund 1.3 70 -14 12.3 -5.5
AVLV Avantis U.S. Large Cap Value ETF 1.3 15 41 8.1 -9.6
RZV Invesco S&P Smallcap 600 Pure Value ETF 1.3 35 21 10.9 -6.8
QEMM SPDR MSCI Emerging Markets StrategicFactors ETF 1.2 30 26 9.3 -8.4
STXM Strive Mid-Cap ETF 1.2 18 38 3.6 -14.1
SMLF iShares U.S. SmallCap Equity Factor ETF 1.2 15 41 6.0 -11.8
KRMA Global X Conscious Companies ETF 1.2 43 13 6.1 -11.6
ONEV SPDR Russell 1000 Low Volatility Focus ETF 1.2 20 36 7.4 -10.4
DFAS Dimensional U.S. Small Cap ETF 1.2 26 30 6.9 -10.8
AVES Avantis Emerging Markets Value ETF 1.2 36 20 12.2 -5.5
PKW Invesco Buyback Achievers ETF 1.1 62 -6 8.0 -9.8
SPVM Invesco S&P 500 Value with Momentum ETF 1.1 39 17 8.5 -9.2
EDIV SPDR S&P Emerging Markets Dividend ETF 1.1 49 7 11.6 -6.1
IJR iShares Core S&P Small Cap ETF 1.1 6 50 7.3 -10.4
DFEV Dimensional Emerging Markets Value ETF 1.1 43 13 14.5 -3.3
DFLV Dimensional US Large Cap Value ETF 1.1 22 34 8.2 -9.5
XMVM Invesco S&P MidCap Value with Momentum ETF 1.1 39 17 9.7 -8.0
OMFS Invesco Russell 2000 Dynamic Multifactor ETF 1.1 39 17 5.4 -12.3
VB Vanguard Small-Cap ETF 1.1 5 51 5.7 -12.0
FDLS Inspire Fidelis Multi Factor ETF 1.1 76 -20 5.8 -12.0
REVS Columbia Research Enhanced Value ETF 1.1 19 37 7.6 -10.1
SCHA Schwab U.S. Small-Cap ETF 1.1 4 52 5.3 -12.4
AFMC First Trust Active Factor Mid Cap ETF 1.1 65 -9 8.2 -9.5
DRIV Global X Autonomous & Electric Vehicles ETF 1.1 68 -12 6.8 -10.9
ISCV iShares Morningstar Small Cap Value ETF 1.1 6 50 8.4 -9.3
SPVU Invesco S&P 500 Enhanced Value ETF 1.1 13 43 10.5 -7.2
VIOO Vanguard S&P Small-Cap 600 ETF 1.1 10 46 7.2 -10.5
SPSM SPDR Portfolio S&P 600 Small Cap ETF 1.1 3 53 7.4 -10.4
RPV Invesco S&P 500 Pure Value ETF 1.1 35 21 10.7 -7.0
JHMM John Hancock Multifactor Mid Cap ETF 1.1 42 14 6.5 -11.3
FNY First Trust Mid Cap Growth AlphaDEX Fund 1.0 70 -14 2.8 -15.0
IWN iShares Russell 2000 Value ETF 1.0 24 32 5.8 -12.0
AIEQ AI Powered Equity ETF 1.0 75 -19 4.1 -13.6
USVM VictoryShares US Small Mid Cap Value Momentum ETF 1.0 25 31 7.8 -10.0
IWS iShares Russell Mid-Cap Value ETF 1.0 23 33 6.5 -11.2
VTWV Vanguard Russell 2000 Value ETF 1.0 15 41 5.9 -11.8
XJR iShares ESG Screened S&P Small-Cap ETF 1.0 12 44 6.6 -11.2
RNSC Furst Trust Small Cap US Equity Select ETF 1.0 60 -4 6.7 -11.1
FNX First Trust Mid Cap Core AlphaDEX Fund 1.0 60 -4 8.2 -9.6
RWJ Invesco S&P SmallCap 600 Revenue ETF 1.0 39 17 9.8 -7.9
VSDA VictoryShares Dividend Accelerator ETF 1.0 35 21 7.0 -10.7
EVX VanEck Environmental Services ETF 1.0 55 1 2.6 -15.2
MIDE Xtrackers S&P MidCap 400 ESG ETF 1.0 15 41 4.3 -13.5
ICOW Pacer Developed Markets International Cash Cows 100 ETF 1.0 65 -9 12.2 -5.6
PRFZ Invesco FTSE RAFI US 1500 Small-Mid ETF 1.0 39 17 4.0 -13.7
LIVR Intelligent Livermore ETF 1.0 69 -13 8.2 -9.5
TPLC Timothy Plan Fund Timothy Plan US Large/Mid Cap Core Fund 1.0 52 4 5.6 -12.1
TPLE Timothy Plan Us Large/Mid Cap Core Enhanced ETF 1.0 58 -2 5.6 -12.1
COWZ Pacer US Cash Cows 100 ETF 1.0 49 7 9.5 -8.3
CHGX AXS Change Finance ESG ETF 1.0 49 7 5.3 -12.4
ISCB iShares Morningstar Small-Cap ETF 0.9 4 52 5.6 -12.1
FYT First Trust Small Cap Value AlphaDEX Fund 0.9 73 -17 9.9 -7.8
RSSL Global X Russell 2000 ETF 0.9 8 48 3.6 -14.1
DEEP Roundhill Acquirers Deep Value ETF 0.9 80 -24 19.9 +2.1
ESML iShares ESG Aware MSCI USA Small-Cap ETF 0.9 17 39 5.7 -12.1
VFMF Vanguard U.S. Multifactor ETF 0.9 18 38 8.5 -9.3
XSHQ Invesco S&P SmallCap Quality ETF 0.9 29 27 8.4 -9.3
PPA Invesco Aerospace & Defense ETF 0.9 58 -2 3.0 -14.8
PSCI Invesco S&P SmallCap Industrials ETF 0.9 29 27 5.9 -11.9
VOE Vanguard Mid-Cap Value ETF 0.9 7 49 7.2 -10.5
JHSC John Hancock Multifactor Small Cap ETF 0.9 42 14 6.9 -10.9
IWM iShares Russell 2000 ETF 0.9 19 37 3.6 -14.1
VTWO Vanguard Russell 2000 ETF 0.9 10 46 3.8 -13.9
SNPD Xtrackers S&P ESG Dividend Aristocrats ETF 0.9 15 41 5.9 -11.8
AFLG First Trust Active Factor Large Cap ETF 0.9 55 1 6.2 -11.5
GSSC Goldman Sachs Activebeta U.S. Small Cap Equity ETF 0.9 20 36 5.5 -12.2
FCFY First Trust S&P 500 Diversified Free Cash Flow ETF 0.9 60 -4 1.2 -16.5
YALL God Bless America ETF 0.9 65 -9 4.3 -13.4
VXF Vanguard Extended Market ETF 0.9 6 50 4.5 -13.2
FSMO Fidelity Small-Mid Cap Opportunities ETF 0.9 60 -4 6.4 -11.3
ISMD Inspire Small/Mid Cap ETF 0.9 54 2 4.7 -13.0
PY Principal Value ETF 0.8 15 41 7.1 -10.6
SDY SPDR S&P Dividend ETF 0.8 35 21 6.2 -11.6
DFUV Dimensional US Marketwide Value ETF 0.8 22 34 8.1 -9.7
ISCG iShares Morningstar Small-Cap Growth ETF 0.8 6 50 2.7 -15.0
VLUE iShares MSCI USA Value Factor ETF 0.8 15 41 10.2 -7.6
BLES Inspire Global Hope ETF 0.8 61 -5 6.8 -10.9
IWO iShares Russell 2000 Growth ETF 0.8 24 32 1.5 -16.3
QARP Xtrackers Russell 1000 US Quality at a Reasonable Price ETF 0.8 19 37 6.5 -11.2
VTWG Vanguard Russell 2000 Growth ETF 0.8 15 41 1.5 -16.2
TPSC Timothy Plan US Small Cap Core ETF 0.8 52 4 7.2 -10.5
AVSC Avantis U.S Small Cap Equity ETF 0.8 25 31 6.6 -11.2
AVEM Avantis Emerging Markets Equity ETF 0.8 33 23 9.7 -8.1
ROUS Hartford Multifactor US Equity ETF 0.8 19 37 7.2 -10.5
ONEO SPDR Russell 1000 Momentum Focus ETF 0.8 20 36 6.8 -11.0
GINX SGI Enhanced Global Income ETF 0.8 98 -42 7.3 -10.4
KOMP SPDR S&P Kensho New Economies Composite ETF 0.8 20 36 3.7 -14.0
MMSC First Trust Multi-Manager Small Cap Opportunities ETF 0.8 95 -39 0.7 -17.0
BKMC BNY Mellon US Mid Cap Core Equity ETF 0.8 4 52 6.1 -11.6
IWR iShares Russell Midcap ETF 0.8 19 37 5.8 -12.0
ONEY SPDR Russell 1000 Yield Focus ETF 0.8 20 36 9.1 -8.7
MGMT Ballast Small/Mid Cap ETF 0.7 110 -54 8.6 -9.1
CSA VictoryShares US Small Cap Volatility Wtd ETF 0.7 35 21 4.7 -13.0
CSF VictoryShares US Discovery Enhanced Volatility Wtd ETF 0.7 42 14 5.5 -12.3
FRDM Freedom 100 Emerging Markets ETF 0.7 49 7 9.1 -8.7
IQSM IQ Candriam U.S. Mid Cap Equity ETF 0.7 15 41 5.8 -11.9
FNDA Schwab Fundamental US Small Co. Index ETF 0.7 25 31 6.6 -11.2
VBK Vanguard Small-Cap Growth ETF 0.7 7 49 1.7 -16.0
LEGR First Trust Indxx Innovative Transaction & Process ETF 0.7 65 -9 8.6 -9.2
VAMO Cambria Value & Momentum ETF 0.7 61 -5 6.8 -10.9
DON WisdomTree U.S. MidCap Dividend Fund 0.7 38 18 8.3 -9.4
IJK iShares S&P Mid-Cap 400 Growth ETF 0.7 17 39 6.0 -11.7
USCF Themes US Cash Flow Champions ETF 0.7 29 27 6.6 -11.1
IWC iShares Micro-Cap ETF 0.7 60 -4 -1.1 -18.8
BKSE BNY Mellon US Small Cap Core Equity ETF 0.7 4 52 5.9 -11.8
STXK Strive Small-Cap ETF 0.7 18 38 5.5 -12.3
IUS Invesco RAFI Strategic US ETF 0.7 19 37 7.1 -10.7
ROAM Hartford Multifactor Emerging Markets ETF 0.7 44 12 11.3 -6.4
MDYG SPDR S&P 400 Mid Cap Growth ETF 0.7 15 41 6.0 -11.7
IVOG Vanguard S&P Mid-Cap 400 Growth ETF 0.7 15 41 6.0 -11.7
LRGF iShares U.S. Equity Factor ETF 0.6 8 48 5.8 -11.9
FLQM Franklin U.S. Mid Cap Multifactor Index ETF 0.6 30 26 7.9 -9.8
QGRO American Century U.S. Quality Growth ETF 0.6 29 27 3.8 -13.9
DEUS Xtrackers Russell US Multifactor ETF 0.6 17 39 6.9 -10.8
DES WisdomTree U.S. SmallCap Dividend Fund 0.6 38 18 8.7 -9.1
IMCB iShares Morningstar Mid-Cap ETF 0.6 4 52 6.0 -11.8
XSVM Invesco S&P SmallCap Value with Momentum ETF 0.6 36 20 10.3 -7.4
QQJG Invesco ESG NASDAQ Next Gen 100 ETF 0.6 20 36 4.5 -13.2
AVUS Avantis U.S. Equity ETF 0.6 15 41 6.3 -11.4
GSEW Goldman Sachs Equal Weight U.S. Large Cap Equity ETF 0.6 9 47 6.1 -11.6
XSMO Invesco S&P SmallCap Momentum ETF 0.6 39 17 5.3 -12.5
EZM WisdomTree U.S. MidCap Fund 0.6 38 18 9.3 -8.4
CVAR Cultivar ETF 0.6 87 -31 6.1 -11.6
FYX First Trust Small Cap Core AlphaDEX Fund 0.6 61 -5 5.9 -11.9
SMMD iShares Russell 2500 ETF 0.6 15 41 6.2 -11.5
IJS iShares S&P Small-Cap 600 Value ETF 0.6 18 38 9.4 -8.3
AVSU Avantis Responsible U.S. Equity ETF 0.6 15 41 6.4 -11.3
ULVM VictoryShares US Value Momentum ETF 0.6 20 36 7.2 -10.5
FELV Fidelity Enhanced Large Cap Value ETF 0.6 18 38 6.8 -10.9
PTL Inspire 500 ETF 0.6 9 47 5.4 -12.3
FNDB Schwab Fundamental US Broad Market Index ETF 0.6 25 31 7.3 -10.5
JVAL JPMorgan U.S. Value Factor ETF 0.6 12 44 8.5 -9.2
RECS Columbia Research Enhanced Core ETF 0.6 15 41 6.2 -11.6
FNDX Schwab Fundamental US Large Co. Index ETF 0.6 25 31 7.4 -10.3
SHUS Syntax Stratified U.S. Total Market Hedged ETF 0.6 65 -9 5.4 -12.4
SSPY Syntax Stratified LargeCap ETF 0.6 30 26 6.6 -11.2
AUSF Global X Adaptive U.S. Factor ETF 0.6 27 29 9.2 -8.6
VIOV Vanguard S&P Small-Cap 600 Value ETF 0.5 15 41 9.3 -8.5
SLYV SPDR S&P 600 Small Cap Value ETF 0.5 15 41 9.5 -8.3
TEMP JPMorgan Climate Change Solutions ETF 0.5 49 7 5.9 -11.9
CFA VictoryShares US 500 Volatility Wtd ETF 0.5 35 21 6.1 -11.7
CFO VictoryShares US 500 Enhanced Volatility Wtd ETF 0.5 40 16 6.0 -11.7
NULV Nuveen ESG Large-Cap Value ETF 0.5 26 30 6.2 -11.6
JSML Janus Henderson Small Cap Growth Alpha ETF 0.5 30 26 8.6 -9.1
STXV Strive 1000 Value ETF 0.5 18 38 7.5 -10.3
FSMD Fidelity Small-Mid Multifactor ETF 0.5 15 41 7.0 -10.7
EUSA iShares MSCI USA Equal Weighted ETF 0.5 9 47 6.0 -11.8
SFYX SoFi Next 500 ETF 0.5 0 56 3.6 -14.2
CGDG Capital Group Dividend Growers ETF 0.5 47 9 6.3 -11.4
SIZE iShares MSCI USA Size Factor ETF 0.5 15 41 5.8 -11.9
VO Vanguard Mid-Cap ETF 0.5 4 52 5.6 -12.1
SFLO VictoryShares Small Cap Free Cash Flow ETF 0.5 49 7 12.7 -5.1
DFAC Dimensional U.S. Core Equity 2 ETF 0.5 17 39 6.0 -11.7
DFVX Dimensional US Large Cap Vector ETF 0.5 22 34 6.6 -11.2
FENI Fidelity Enhanced International ETF 0.5 28 28 7.0 -10.7
CVLC Calvert US Large-Cap Core Responsible Index ETF 0.5 15 41 5.1 -12.7
SPEM SPDR Portfolio Emerging Markets ETF 0.5 7 49 10.9 -6.8
FXR First Trust Industrials/Producer Durables AlphaDEX Fund 0.5 61 -5 7.1 -10.7
FMDE Fidelity Enhanced Mid Cap ETF 0.5 23 33 5.8 -11.9
GLOF iShares Global Equity Factor ETF 0.5 20 36 6.8 -10.9
CVY Invesco Zacks Multi-Asset Income ETF 0.5 106 -50 10.9 -6.8
MFUS PIMCO RAFI Dynamic Multi-Factor U.S. Equity ETF 0.5 29 27 6.4 -11.3
VSMV VictoryShares US Multi-Factor Minimum Volatility ETF 0.5 35 21 6.1 -11.7
SIXL ETC 6 Meridian Low Beta Equity ETF 0.5 80 -24 5.7 -12.0
FVD First Trust Value Line Dividend Index Fund 0.5 65 -9 6.1 -11.7
SMCF Themes US Small Cap Cash Flow Champions ETF 0.4 29 27 11.8 -6.0
HSMV First Trust Horizon Managed Volatility Small/Mid ETF 0.4 80 -24 6.0 -11.7
UMMA Wahed Dow Jones Islamic World ETF 0.4 65 -9 5.3 -12.5
RODE Hartford Multifactor Diversified International ETF 0.4 29 27 9.9 -7.9
AVDE Avantis International Equity ETF 0.4 23 33 8.0 -9.8
TILT FlexShares Morningstar US Market Factor Tilt Index Fund 0.4 25 31 5.9 -11.9
DIVB iShares Core Dividend ETF 0.4 5 51 7.7 -10.1
QOWZ Invesco Nasdaq Free Cash Flow Achievers ETF 0.4 39 17 4.1 -13.7
VLU SPDR S&P 1500 Value Tilt ETF 0.4 12 44 7.2 -10.6
EES WisdomTree U.S. SmallCap Fund 0.4 38 18 9.1 -8.6
FDWM Fidelity Women's Leadership ETF 0.4 59 -3 3.2 -14.6
RSP Invesco S&P 500 Equal Weight ETF 0.4 20 36 6.3 -11.4
JHML John Hancock Multifactor Large Cap ETF 0.4 29 27 5.6 -12.1
COPY Tweedy, Browne Insider + Value ETF 0.4 80 -24 12.6 -5.1
DGRS WisdomTree US Smallcap Quality Dividend Growth Fund 0.4 38 18 10.1 -7.6
CGGR Capital Group Growth ETF 0.4 39 17 3.7 -14.1
DCOR Dimensional US Core Equity 1 ETF 0.4 14 42 5.8 -11.9
BBSC JPMorgan BetaBuilders U.S. Small Cap Equity ETF 0.4 9 47 4.0 -13.7
DFSU Dimensional US Sustainability Core 1 ETF 0.4 18 38 5.8 -11.9
CCMG CCM Global Equity ETF 0.4 34 22 8.5 -9.2
FBCG Fidelity Blue Chip Growth ETF 0.4 59 -3 3.4 -14.4
DFAE Dimensional Emerging Core Equity Market ETF 0.4 35 21 10.2 -7.6
HAPS Harbor Human Capital Factor US Small Cap ETF 0.4 60 -4 4.4 -13.3
FVAL Fidelity Value Factor ETF 0.4 15 41 7.3 -10.4
SELV SEI Enhanced Low Volatility U.S. Large Cap ETF 0.4 15 41 6.4 -11.3
PRF Invesco FTSE RAFI US 1000 ETF 0.4 39 17 7.0 -10.8
NUDV Nuveen ESG Dividend ETF 0.4 26 30 6.7 -11.1
VIG Vanguard Dividend Appreciation ETF 0.4 6 50 6.0 -11.8
EVUS iShares ESG Aware MSCI USA Value ETF 0.3 18 38 6.0 -11.7
IWD iShares Russell 1000 Value ETF 0.3 19 37 6.5 -11.3
VONV Vanguard Russell 1000 Value ETF 0.3 8 48 6.6 -11.1
IUSV iShares Core S&P US Value ETF 0.3 4 52 6.5 -11.3
DFEM Dimensional Emerging Markets Core Equity 2 ETF 0.3 38 18 9.9 -7.8
GVUS Marketbeta Russell 1000 Value Equity ETF 0.3 12 44 6.5 -11.2
BFOR ALPS Barron's 400 ETF 0.3 65 -9 6.2 -11.5
HAPI Harbor Human Capital Factor US Large Cap ETF 0.3 36 20 5.1 -12.6
JMOM JPMorgan U.S. Momentum Factor ETF 0.3 12 44 4.8 -13.0
FAD First Trust Multi Cap Growth AlphaDEX Fund 0.3 64 -8 2.4 -15.3
PFM Invesco Dividend Achievers ETF 0.3 53 3 5.3 -12.4
RWL Invesco S&P 500 Revenue ETF 0.3 39 17 7.0 -10.7
DFAX Dimensional World ex U.S. Core Equity 2 ETF 0.3 30 26 8.6 -9.1
ILCV iShares Morningstar Value ETF 0.3 4 52 6.7 -11.1
SCHV Schwab U.S. Large-Cap Value ETF 0.3 4 52 6.8 -10.9
JSMD Janus Henderson Small/Mid Cap Growth Alpha ETF 0.3 30 26 7.0 -10.8
GVLU Gotham 1000 Value ETF 0.3 50 6 9.1 -8.7
DFAU Dimensional US Core Equity Market ETF 0.3 12 44 5.5 -12.2
VFMO Vanguard U.S. Momentum Factor ETF 0.3 13 43 3.4 -14.4
DGRO iShares Core Dividend Growth ETF 0.2 8 48 6.6 -11.1
LQPE PEO AlphaQuest Thematic PE ETF 0.2 125 -69 6.9 -10.9
SPDG SPDR Portfolio S&P Sector Neutral Dividend ETF 0.2 5 51 7.1 -10.6
GSLC Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF 0.2 9 47 5.6 -12.2
OPTZ Optimize Strategy Index ETF 0.2 50 6 5.3 -12.4
HLAL Wahed FTSE USA Shariah ETF 0.2 50 6 5.2 -12.6
DFIV Dimensional International Value ETF 0.2 27 29 10.4 -7.4
SPTM SPDR Portfolio S&P 1500 Composite Stock Market ETF 0.2 3 53 5.5 -12.3
IVE iShares S&P 500 Value ETF 0.2 18 38 6.2 -11.5
SPYV SPDR Portfolio S&P 500 Value ETF 0.2 4 52 6.4 -11.4
VOOV Vanguard S&P 500 Value ETF 0.2 10 46 6.3 -11.4
CWI SPDR MSCI ACWI ex-US ETF 0.2 30 26 8.2 -9.5
ESGU iShares ESG Aware MSCI USA ETF 0.2 15 41 5.1 -12.6
PRNT 3D Printing ETF 0.2 66 -10 1.5 -16.2
VSLU Applied Finance Valuation Large Cap ETF 0.2 49 7 5.9 -11.9
IWV iShares Russell 3000 ETF 0.2 20 36 5.0 -12.7
VTI Vanguard Total Stock Market ETF 0.2 3 53 5.2 -12.6
VTHR Vanguard Russell 3000 ETF 0.2 10 46 5.2 -12.6
ITOT iShares Core S&P Total U.S. Stock Market ETF 0.2 3 53 5.2 -12.6
SUSL iShares ESG MSCI USA Leaders ETF 0.2 10 46 5.3 -12.4
SCHB Schwab U.S. Broad Market ETF 0.2 3 53 5.3 -12.4
SCHK Schwab 1000 Index ETF 0.2 5 51 5.3 -12.4
GUSA Goldman Sachs MarketBeta U.S. 1000 Equity ETF 0.2 11 45 5.2 -12.5
USSG Xtrackers MSCI USA ESG Leaders Equity ETF 0.2 10 46 5.3 -12.4
FLQS Franklin U.S. Small Cap Multifactor Index ETF 0.2 35 21 6.9 -10.9
DFUS Dimensional U.S. Equity ETF 0.2 9 47 5.3 -12.4
VTV Vanguard Value ETF 0.2 4 52 6.9 -10.8
SMLV SPDR SSGA US Small Cap Low Volatility Index ETF 0.2 12 44 8.1 -9.6
USXF iShares ESG Advanced MSCI USA ETF 0.2 10 46 4.9 -12.8
IYY iShares Dow Jones U.S. ETF 0.2 20 36 5.1 -12.6
DGRW WisdomTree US Quality Dividend Growth Fund 0.2 28 28 5.7 -12.0
NULC Nuveen ESG Large-Cap ETF 0.2 21 35 5.0 -12.7
FQAL Fidelity Quality Factor ETF 0.2 15 41 5.9 -11.8
CRBN iShares MSCI ACWI Low Carbon Target ETF 0.2 20 36 6.0 -11.7
IWB iShares Russell 1000 ETF 0.2 15 41 5.2 -12.5
SPUS SP Funds S&P 500 Sharia Industry Exclusions ETF 0.2 45 11 4.9 -12.8
VONE Vanguard Russell 1000 ETF 0.2 8 48 5.3 -12.5
SPGM SPDR Portfolio MSCI Global Stock Market ETF 0.2 9 47 6.1 -11.7
VALQ American Century U.S. Quality Value ETF 0.2 29 27 7.6 -10.1
USCL iShares Climate Conscious & Transition MSCI USA ETF 0.1 8 48 5.3 -12.5
RVRB Reverb ETF 0.1 30 26 3.7 -14.0
QUS SPDR MSCI USA StrategicFactors ETF 0.1 15 41 5.8 -11.9
XMAG Defiance Large Cap ex-Mag 7 ETF 0.1 35 21 4.6 -13.1
SPXT ProShares S&P 500 Ex-Technology ETF 0.1 9 47 5.6 -12.2
USCA Xtrackers MSCI USA Climate Action Equity ETF 0.1 7 49 5.2 -12.5
JEMA JPMorgan ActiveBuilders Emerging Markets Equity ETF 0.1 33 23 10.6 -7.1
FLQL Franklin LibertyQ U.S. Equity ETF 0.1 15 41 5.7 -12.0
FDMO Fidelity Momentum Factor ETF 0.1 15 41 4.1 -13.7
QVML Invesco S&P 500 QVM Multi-factor ETF 0.1 11 45 5.4 -12.4
VYM Vanguard High Dividend Yield Index ETF 0.1 6 50 7.3 -10.4
SCHX Schwab U.S. Large-Cap ETF 0.1 3 53 5.3 -12.4
ILCB iShares Morningstar U.S. Equity ETF 0.1 3 53 5.2 -12.5
ESGV Vanguard ESG U.S. Stock ETF 0.1 9 47 5.0 -12.7
PBUS Invesco MSCI USA ETF 0.1 4 52 5.2 -12.5
BKLC BNY Mellon US Large Cap Core Equity ETF 0.1 0 56 5.3 -12.5
VOTE TCW Transform 500 ETF 0.1 5 51 5.2 -12.5
FLEE Franklin FTSE Europe ETF 0.1 9 47 7.0 -10.7
IQSU IQ Candriam U.S. Large Cap Equity ETF 0.1 9 47 5.0 -12.8
VT Vanguard Total World Stock ETF 0.1 7 49 6.3 -11.5
VFQY Vanguard U.S. Quality Factor ETF 0.1 13 43 6.6 -11.1
SPXN ProShares S&P 500 Ex-Financials ETF 0.1 9 47 5.0 -12.7
KLMN Invesco MSCI North America Climate ETF 0.1 9 47 5.3 -12.5
XVV iShares ESG Screened S&P 500 ETF 0.1 8 48 5.1 -12.6
JUST Goldman Sachs JUST U.S. Large Cap Equity ETF 0.1 20 36 5.3 -12.4
DTD WisdomTree U.S. Total Dividend Fund 0.1 28 28 6.2 -11.5
SPXE ProShares S&P 500 Ex-Energy ETF 0.1 9 47 4.7 -13.0
SPXV ProShares S&P 500 Ex-Health Care ETF 0.1 9 47 4.4 -13.3
CATH Global X S&P 500 Catholic Values Custom ETF 0.1 29 27 5.1 -12.6
SPYX SPDR S&P 500 Fossil Fuel Reserves Free ETF 0.1 20 36 5.0 -12.7
DFIC Dimensional International Core Equity 2 ETF 0.1 23 33 7.9 -9.8
TAX Cambria Tax Aware ETF 0.1 49 7 5.4 -12.3
IVV iShares Core S&P 500 ETF 0.1 3 53 5.3 -12.4
SPLG SPDR Portfolio S&P 500 ETF 0.1 2 54 5.3 -12.4
SPY SPDR S&P 500 ETF Trust 0.1 9 47 5.2 -12.5
VOO Vanguard S&P 500 ETF 0.1 3 53 5.3 -12.4
TOK iShares MSCI Kokusai ETF 0.1 26 30 5.2 -12.6
STRV Strive 500 ETF 0.1 5 51 5.2 -12.6
STXD Strive 1000 Dividend Growth ETF 0.1 35 21 5.0 -12.8
KOKU Xtrackers MSCI Kokusai Equity ETF 0.1 9 47 5.5 -12.3
BBUS JP Morgan Betabuilders U.S. Equity ETF 0.1 2 54 5.3 -12.5
EPS WisdomTree U.S. LargeCap Fund 0.1 8 48 6.1 -11.6
URTH iShares MSCI World ETF 0.1 24 32 5.5 -12.2
IYJ iShares U.S. Industrials ETF 0.1 40 16 4.8 -13.0
TXS Texas Capital Texas Equity Index ETF 0.1 49 7 5.1 -12.6
MMTM SPDR S&P 1500 Momentum Tilt ETF 0.1 12 44 4.5 -13.2
ACVF American Conservative Values ETF 0.1 75 -19 4.5 -13.3
NZAC SPDR MSCI ACWI Climate Paris Aligned ETF 0.1 12 44 5.1 -12.6
ACWI iShares MSCI ACWI ETF 0.1 32 24 6.0 -11.8
VV Vanguard Large-Cap ETF 0.1 4 52 5.2 -12.5
KLMT Invesco MSCI Global Climate 500 ETF 0.1 10 46 6.1 -11.7
ONEQ Fidelity Nasdaq Composite Index ETF 0.1 21 35 4.3 -13.5
QWLD SPDR MSCI World StrategicFactors ETF 0.1 30 26 5.9 -11.8
APUE ActivePassive U.S. Equity ETF 0.1 45 11 4.9 -12.8
SPDW SPDR Portfolio Developed World ex-US ETF 0.1 3 53 7.5 -10.2
XCNY SPDR S&P Emerging Markets ex-China ETF 0.1 15 41 0.0 -17.7
ZSB USCF Sustainable Battery Metals Strategy Fund 0.1 61 -5 17.4 -0.4
FNDC Schwab Fundamental International Small Co. Index ETF 0.1 39 17 6.3 -11.4
DFAI Dimensional International Core Equity Market ETF 0.1 18 38 7.6 -10.2
SFY SoFi Select 500 ETF 0.1 0 56 4.8 -12.9
SMMV iShares MSCI USA Small-Cap Min Vol Factor ETF 0.1 20 36 5.3 -12.5
GSUS Goldman Sachs MarketBeta U.S. Equity ETF 0.1 7 49 5.2 -12.5
JQUA JPMorgan U.S. Quality Factor ETF 0.1 12 44 6.0 -11.8
IWP iShares Russell Mid-Cap Growth ETF 0.1 23 33 3.7 -14.1
THRO iShares U.S. Thematic Rotation Active ETF 0.1 90 -34 4.4 -13.4
QUAL iShares MSCI USA Quality Factor ETF 0.1 15 41 5.3 -12.4
QRFT Qraft Ai-Enhanced U.S. Large Cap ETF 0.1 75 -19 3.7 -14.0
DFSE Dimensional Emerging Markets Sustainability Core 1 ETF 0.0 41 15 9.4 -8.4
HKND Humankind US Stock ETF 0.0 11 45 7.5 -10.3
DLN WisdomTree U.S. LargeCap Dividend Fund 0.0 28 28 5.9 -11.8
STXG Strive 1000 Growth ETF 0.0 18 38 4.2 -13.5
FIDU Fidelity MSCI Industrial Index ETF 0.0 8 48 4.9 -12.9
VIS Vanguard Industrials ETF 0.0 10 46 4.9 -12.8
DEHP Dimensional Emerging Markets High Profitability ETF 0.0 41 15 6.5 -11.2
IUSG iShares Core S&P U.S. Growth ETF 0.0 4 52 4.7 -13.0
INRO iShares U.S. Industry Rotation Active ETF 0.0 42 14 4.1 -13.6
VEU Vanguard FTSE All-World ex-US Index Fund 0.0 8 48 8.5 -9.3
GSPY Gotham Enhanced 500 ETF 0.0 50 6 5.5 -12.2
USNZ Xtrackers Net Zero Pathway Paris Aligned US Equity ETF 0.0 10 46 5.4 -12.4
JAVA JPMorgan Active Value ETF 0.0 44 12 6.3 -11.4
DHS WisdomTree U.S. High Dividend Fund 0.0 38 18 7.8 -10.0
SCHG Schwab U.S. Large-Cap Growth ETF 0.0 4 52 4.4 -13.4
FSST Fidelity Sustainable U.S. Equity ETF 0.0 59 -3 4.4 -13.4
DFSI Dimensional International Sustainability Core 1 ETF 0.0 24 32 6.6 -11.1
DUHP Dimensional US High Profitability ETF 0.0 21 35 6.6 -11.2
DFIS Dimensional International Small Cap ETF 0.0 39 17 7.9 -9.9
GGUS Marketbeta Russell 1000 Growth Equity ETF 0.0 12 44 4.8 -12.9
LCTU BlackRock U.S. Carbon Transition Readiness ETF 0.0 14 42 5.2 -12.5
AVDV Avantis International Small Cap Value ETF 0.0 36 20 10.9 -6.8
DISV Dimensional International Small Cap Value ETF 0.0 42 14 9.7 -8.1
IWF iShares Russell 1000 Growth ETF 0.0 19 37 4.8 -13.0
VONG Vanguard Russell 1000 Growth ETF 0.0 8 48 4.9 -12.8
VWO Vanguard FTSE Emerging Markets ETF 0.0 8 48 10.9 -6.9
VXUS Vanguard Total International Stock ETF 0.0 7 49 8.3 -9.4
SPRX Spear Alpha ETF 0.0 75 -19 -0.0 -17.8
AVIV Avantis International Large Cap Value ETF 0.0 25 31 9.3 -8.5

1Overlap is the percentage of holdings by weight that are identical. For example, if Fund A has a 2% position in Apple, Inc. (AAPL) and Fund B has a 5% position, their overlapping position in AAPL is 2%.

Content on this tab for subscribers only**

RESULTS & ESTIMATES

  2020 2021 2022 2023 2024 2025E 2026E
Sales per share ** ** ** ** ** ** **
Earnings per share ** ** ** ** ** ** **
Dividends per share info ** ** ** ** ** ** **
Book value per share ** ** ** ** ** ** **

 

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

Sales per share growth   **% **% **% **% **% **%
EPS growth   **% **% **% **% **% **%

OTHER FUNDAMENTAL METRICS

Long term EPS growth est. **%   Debt-to-equity **x
Asset turnover **%   Assets-to-equity **x

Return on equity

Revision activity*
*Six months ago = 100

Net margins

Compound annual growth rates

Content on this tab for subscribers only

VALUATION METRICS
  2024 2025E 2026E
Price-to-sales ** ** **
Price-to-earnings ** ** **
Price-to-cash flow ** ** **
Price-to-growth ** ** **
Price-to-book value ** ** **
Yield ** ** **

Historical valuation trends

Forward
multiple:		 VanEck Steel ETF
Relative
to:		 S&P500 MSCI EAFE MSCI Emg. Mkts. Other ETF:

SPECULATIVE
Deeply undervalued but risky. A rating of SPECULATIVE is assigned to ETFs with ALTAR Scores in the top quintile (the top 20%) of their category, indicating exceptional appreciation potential. However, often these are narrowly-focused funds or in industries with structural issues, which may also make them very risky. Nonetheless they may still be useful as part of a well-diversified portfolio.

ALTAR Score™


Calculation of ALTAR Score™
Avg. Return on Equity 15.1 %
Divided by: Fwd. P/BV 0.8 x
Less: Expense ratio 56 bp
Equals: ALTAR Score 17.7 %
info More information on ALTAR Score™
MODERN PORTFOLIO THEORY info

CONSENSUS RECOMMENDATIONS: FUND CONSTITUENTS
COMPOSITE
RATING		 1.60 CATEGORY
AVERAGE		 1.55
 
The composite rating is a weighted average of analysts' consensus recommendations for individual ETF constituents, based on the following scale:

BUY = 1; OVERWEIGHT = 1.5, HOLD = 2; UNDERWEIGHT = 2.5; and SELL = 3.

Readers are cautioned that because analyst ratings tend to be inflated, the composite score may be more useful as a relative measure of sentiment between funds rather than as a stand-alone recommendation.
 

 

See RATING tab for calculation of ALTAR Score™
Risk & reward. Uses std. dev. as proxy for risk, ALTAR Score™ for return forecast.
Dividends paid by constituents to the fund. May differ from actual distributions to shareholders due to constituent changes, timing issues or other factors.
Monthly returns based on changes in price plus dividends. May differ from daily returns reported by funds. See below for standardized returns.